Tax reduction on liquid jaggery, pencil sharpeners among others

GST Council on Saturday reduced the Goods and Service Tax on liquid jaggery, pencil sharpeners, and certain tracking devices, informed Union Finance Minister Nirmala Sitharaman.

She also said that the reports of the GoM (Group of Ministers) on checking tax evasion by pan masala and gutkha industry, and on Goods and Services Tax Appellate Tribunals (GSTATs), have been taken on board.

She further said all the GST compensation dues will be cleared, including Rs 16,982 crore for the month of June.